After Tata, India eyes second chip fab by 2031 with at least $2bn investment

Give attention to first show fab

A second key space of focus, mentioned S. Krishnan, secretary at Meity, will probably be establishing India’s first show chip fab. “We to this point wouldn’t have a show fab within the nation, so that can make for one clear space of focus below Semicon 2.0,” the official added. Show fab tasks in India will obtain 35% of their challenge prices as money incentives from the Centre, along with the state authorities’s sops. Firms making use of should make investments a minimum of 10,000 crore ($1 billion) of their very own capital within the challenge, and will need to have reported a minimum of 5,000 crore ($525 million) in income as of FY26.

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